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SHFE STOCKS REPORT 30/07: Most base metals inventories down bar lead, nickel
Most base metals registered declines in inventories at Shanghai Futures Exchange-registered warehouses during the week to Friday July 30, although lead was up by 6.5% and nickel rose by 1.5%.
July 30, 2021
·
By the Fastmarkets team
Insights
NEWSBREAK: China to cancel more steel export rebates from Aug 1
China will cancel more rebates of value-added tax for some steel exports from August 1, its Ministry of Finance said on Thursday July 29.
July 29, 2021
·
By Paul Lim
Insights
Cobalt faces triple threat in southern Africa
Civil unrest, Covid-19 and supply curbs – three factors that could keep cobalt prices high through 2021
July 27, 2021
·
Insights
STEEL SCRAP WRAP: Seasonal slowdown sends down prices in major markets [CORRECTED]
The Turkish steel mills continued to limit their deep-sea scrap bookings in the week ended Friday July 16 due to weak finished steel sales, while the downturn in the country had a knock-on effect on prices in the global markets.
July 23, 2021
·
By Amy Hinton
Insights
Vietnam Steel Association leads pushback against proposed billet export tax
The Vietnam Steel Association (VSA) is leading an industry-wide pushback against the country’s proposed export tax of 5% on steel billet, it said on Friday July 23.
July 23, 2021
·
By Paul Lim
Insights
PRICING NOTICE: Early publication of Asia ferro-silicon prices
Fastmarkets’ Asia ferro-silicon prices were published early today due to an editor error.
July 21, 2021
·
By Janie Davies
Insights
Severe outbreaks of African swine fever in Sichuan bring fresh fears for China’s farm
The last outbreak of ASF in 2018 and 2019 left the world’s largest pig producer and consumer with its populations slashed by a third. Can we expect the same, if not worse, this time?
July 20, 2021
·
Insights
Uncertainty in Asia forward buying of Black Sea new crop wheat
Traders grapple with high freight prices, Russian tax changes and extreme weather concerns. What does this mean for forward bookings of new crop Black Sea wheat?
July 19, 2021
·
Insights
China’s 2020-21 wheat import estimate to surge 140% on year
China’s wheat imports this year will surge to nearly one-and-a-half times that of the last marketing year due to growing demand in the animal feed sector.
July 19, 2021
·
Insights
MORNING VIEW: Base metals prices mixed – some consolidating, others driven higher by supply issues
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed on the morning of Monday July 19, with nickel and tin the standout performers, driven higher by supply disruptions.
July 19, 2021
·
By William Adams
Insights
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